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Fifth Third Bancorp

Fifth Third Bancorp News Editors

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Fifth Third Bancorp News

News on Fifth Third Bancorp continually updated from thousands of sources around the net.

23 hrs ago | The Plain Dealer

AmTrust Bank purchase could increase lending, competition in Cleveland market

For the last two years, AmTrust Bank has been like a zombie. The size of the Cleveland bank's deposits and assets shrank nearly in half, and the bank was under the gun from regulators to improve.

Comment?

Related Topix: Cleveland Metro, Cleveland, OH, Pnc Financial Services GroupThe, Banking, Financial Services, KeyCorp

Saturday | Austin American-Statesman

Inactivity fees proliferating on credit cards

Amy Schiffman has had a Fifth Third Bancorp credit card for eight years to guard against unexpected overdrafts on her checking account.

Comment?

Related Topix: Amy, Drama Movies, Biography Movies, Comedy Movies, Banking, Financial Services, Web Design, Arts, Lansing, MI, Lansing Metro, Citigroup

Fri Dec 04, 2009

Seeking Alpha

BoA TARP Repayment Boosts Financial Sector

The news that our friend Charlie Gasparino broke Wednesday on CNBC, that Bank of America would repay $45 billion in TARP funds in part through the sale of $18.8 billion of securities, is helping lift the financial sector.

Comment?

Related Topix: Banking, Bank of America, Financial Services, Investment Banking, Morgan Stanley European Fund, Morgan Stanley, Investment Services

Thu Dec 03, 2009

MyBankTracker

Banks Add Inactivity Fees To Credit Cards

Since April, credit card issuers have been facing many delinquencies due to the downturn in the economy.

Comment?

Related Topix: Banking, Financial Services

MarketWatch

Bank of America leads financials higher

Shares of Bank of America Corp. rose sharply early Thursday, leading gainers among S&P 500 financial stocks and helping to lift the sector.

Comment?

Related Topix: Banking, Bank of America, Financial Services, Financial Markets, KeyCorp, Regions Financial, JP Morgan Chase

Wed Dec 02, 2009

The Huffington Post

Edward Harrison: AmTrust bankruptcy bad sign for regional banks

This article originally appeared on my site Credit Writedowns . AmTrust Financial, a privately held regional bank holding company based in Cleveland, has just filed for bankruptcy.

Comment?

Related Topix: Economics News, Bankruptcy, Ohio, Home, Mortgage, Personal Finance, Banking, Financial Services

AmericanBankingNews.com

US Bancorp (NYSE: USB), American International Group (NYSE:AIG) and...

Several U.S. financial stocks including US Bancorp, American International Group and Fifth-Third Bancorp overcame weakness in the banking sector on Tuesday to close slightly higher, despite cautionary notes from analysts at both JP Morgan and Citigroup.

Comment?

Related Topix: US Bancorp, Banking, Financial Services, Insurance, American International Group, Financial Markets, JP Morgan Chase , Citigroup

MarketWatch

The Ratings Game: Credit Suisse says buy regional banks

Credit Suisse analysts on Wednesday urged clients to buy and overweight regional banking stocks, saying that a number of credit metrics that have plagued the sector will improve steadily in 2010, and provide good returns.

Comment?

Related Topix: Credit Suisse Asset Mnagement Income Fund, Financial Services, Banking, Suntrust Banks, BBT

Tue Dec 01, 2009

Market Watch

Citi upgradeds BB&T, Fifth Third, on valuation

Analysts at Citigroup on Tuesday upgraded the shares of BB&T Corp [s; bbt] and Fifth Third Bancorp /quotes/comstock/15*!fitb /quotes/nls/fitb , saying the shares are undervalued.

Comment?

Related Topix: Financial Services, Banking

Bloomberg

Credit-Card Issuers Add Inactivity Fees to Slow Revenue Loss From Defaults

Amy Schiffman has had a Fifth Third Bancorp credit card for eight years to guard against unexpected overdrafts on her checking account.

Comment?

Related Topix: Amy, Drama Movies, Biography Movies, Comedy Movies, Banking, Financial Services, Web Design, Arts, Lansing, MI, Lansing Metro, Citigroup

Mon Nov 30, 2009

StartupJournal

Some Failed Banks Are Unwanted at Any Price

Close See a sample reprint in PDF format. Order a reprint of this article now BUSINESS NOVEMBER 30, 2009, 12:12 P.M. ET By MATTHIAS RIEKER People's United Financial Inc.

Comment?

Related Topix: Peoples Bank, Banking, Financial Services, US Bancorp, Chittenden, Burlington, VT, Chittenden, VT

Sun Nov 29, 2009

Institutional Investor

Fed Seeks TARP Payment Plan From Banks

The Federal Reserve has asked nine U.S. banks that were part of the stress tests to submit plans for repaying TARP funds, Bloomberg reports.

Comment?

Related Topix: Financial Services, Banking, Regions Financial

Fri Nov 27, 2009

TheStreet.com

Fed Reportedly Asks Banks for TARP Plans

The Federal Reserve this month asked nine U.S. banks which were part of this year's stress tests to submit plans including a timetable to repay funds from the Troubled Asset Relief Program, Bloomberg reports, citing a person familiar with the situation.

Comment?

Related Topix: Financial Services, Banking, KeyCorp, Suntrust Banks, Wells Fargo , Business News

Wed Nov 25, 2009

MyBankTracker

Federal Reserve Reportedly Says to Banks, a oeShow Us TARP Repayment Plansa

Those institutions which were able to "raise common equity and would continue to exceed capital buffers set in the stress tests," would have the option to settle their TARP borrowings soon.

Comment?

Related Topix: Banking, Financial Services, Pnc Financial Services GroupThe, Washington DC

Tue Nov 24, 2009

Blogging Stocks

Cramer on BloggingStocks: The Fed's push for TARP payback

Filed under: Wal-Mart , Amazon.com , Market matters , Citigroup Inc. , Regions Financial , Bank of America , Wells Fargo , Cramer on BloggingStocks , Financial Crisis TheStreet.com's Jim Cramer says the sooner banks repay TARP, the more likely they will power higher in 2010.

Comment?

Related Topix: Retail, Wal Mart Stores, Banking, Financial Services, Citigroup, Bank of America, Wells Fargo , Financial Markets

Sun Nov 22, 2009

Cincinnati Business Courier

Interest rates to stay low, Bernanke says

Federal Reserve Board Chairman Ben Bernanke said Monday the nation is in better financial shape than a year ago, but "significant economic challenges remain." Addressing the Economic Club of New York, Bernanke said bank lending remains constrained, economic activity is weak and unemployment is "much too high." Future setbacks in the economy are ...

Comment?

Related Topix: Ben Bernanke, Banking, Financial Services, Cincinnati, OH, Home, Mortgage

Fri Nov 20, 2009

The Cincinnati Enquirer

Faith Prince to speak at commencement

Broadway star Faith Prince, a 1979 graduate of the College-Conservatory of Music at the University of Cincinnati, will speak Dec.

Comment?

Related Topix: University of Cincinnati, Cincinnati, OH, Financial Services, Banking

Wed Nov 18, 2009

The Media Stock Blog

Connor Browne: Asset Allocation Is Key in Current Environment

Stocks have rallied substantially since their March lows, but Connor Browne, co-manager of Thornburg Value ) , continues to uncover undervalued names that offer significant upside.

Comment?

Related Topix: Financial Markets, Banking, Financial Services

Tue Nov 17, 2009

Nashville Business Journal

Fifth Third's John Augustine: Government actions will be key to 2010 economy

Washington policy changes - and market reactions to them - will be the most important factors shaping the economy next year, Fifth Third Bank 's chief investment strategist told a gathering of Nashville clients today.

Comment?

Related Topix: Financial Services, Banking, Nashville, TN, Financial Markets

Sun Nov 15, 2009

TheStreet.com

Fed: Only GMAC Needs More Capital

The Federal Reserve offered an update on its historic stress tests on Monday, saying nine of the 10 bank holding companies flagged as needing an additional capital cushion by the initial exercise have now met its requirements with GMAC LLC the lone exception.

Comment?

Related Topix: Advertising, Banking, Bank of America, Financial Services, Pnc Financial Services GroupThe, Suntrust Banks

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